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Biography : Presently, Ferdi Moolman is Chief Executive Officer & Executive Director at MTN Nigeria Communicatio

MTN Group Names Ferdi Moolman Group Chief Risk Officer

10/26/2020 | 02:56am EST

By Ian Walker

MTN Group Ltd. said Monday that Ferdi Moolman will step down from his role as chief executive of MTN Nigeria from March 1 and become group chief risk officer.

The South African telecommunications group said Karl Toriola will replace Mr. Moolman as chief executive of MTN Nigeria. Mr. Toriola had been vice president, West and Central Africa for the past five years.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

10-26-20 0355ET

Stocks mentioned in the article
ChangeLast1st jan.
DOW JONES AFRICA TITANS 50 INDEX -1.06% 501.92 Delayed Quote.-5.57%
MTN GROUP LIMITED -1.61% 69.5 End-of-day quote.-15.75%
MTN NIGERIA COMMUNICATIONS PLC 0.00% 153 End-of-day quote.45.71%
S&P AFRICA 40 INDEX -0.87% 162.67 Delayed Quote.-5.02%
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